Financials Kodiak Gas Services, Inc.

Equities

KGS

US50012A1088

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 04:00:02 2024-05-21 pm EDT			5-day change	1st Jan Change
28.59 ^USD	-1.28%		+1.60%	+42.38%

May. 20	RBC Boosts Price Target on Kodiak Gas Services to $30 From $28, Keeps Outperform Rating	MT
May. 10	Truist Adjusts Kodiak Gas Services' Price Target to $32 From $28, Keeps Buy Rating	MT

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	1,554	2,410	-	-
Enterprise Value (EV) ¹	3,340	4,818	4,860	4,907
P/E ratio	69.2 x	17.9 x	17.3 x	14.9 x
Yield	3.78%	5.56%	5.98%	7%
Capitalization / Revenue	1.83 x	2.05 x	1.77 x	1.63 x
EV / Revenue	3.93 x	4.09 x	3.57 x	3.32 x
EV / EBITDA	7.62 x	8.08 x	7.29 x	7.11 x
EV / FCF	51.3 x	30 x	27.8 x	-
FCF Yield	1.95%	3.33%	3.59%	-
Price to Book	-	-	-	-
Nbr of stocks (in thousands)	77,400	84,294	-	-
Reference price ²	20.08	28.59	28.59	28.59
Announcement Date	3/6/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	707.9	850.4	1,178	1,362	1,478
EBITDA ¹	-	438.1	596	666.6	690.3
EBIT ¹	-	244.1	349.4	380.3	360.8
Operating Margin	-	28.71%	29.67%	27.93%	24.4%
Earnings before Tax (EBT) ¹	-	35.14	220.7	220.6	-
Net income ¹	106.3	20.07	175.6	185.7	-
Net margin	15.01%	2.36%	14.91%	13.64%	-
EPS ²	-	0.2900	1.595	1.650	1.920
Free Cash Flow ¹	-	65.11	160.5	174.6	-
FCF margin	-	7.66%	13.63%	12.82%	-
FCF Conversion (EBITDA)	-	14.86%	26.93%	26.19%	-
FCF Conversion (Net income)	-	324.48%	91.4%	94.01%	-
Dividend per Share ²	-	0.7600	1.590	1.710	2.002
Announcement Date	3/31/23	3/6/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	203.3	231	226	215.5	316.8	321.3	324.7	334.6	334.2
EBITDA ¹	107.9	110.1	113.9	117.8	156.3	159.3	162.5	145.7	156.4
EBIT ¹	62.06	60.96	60.74	60.16	102.1	93.4	96.11	89.36	95.83
Operating Margin	30.53%	26.39%	26.88%	27.92%	32.24%	29.07%	29.6%	26.71%	28.67%
Earnings before Tax (EBT) ¹	23.37	29.67	-1.569	40.11	67.96	55.15	57.52	50.39	52.77
Net income ¹	17.52	21.77	-6.874	30.23	52.21	45.97	47.19	37.79	39.58
Net margin	8.62%	9.42%	-3.04%	14.03%	16.48%	14.31%	14.53%	11.29%	11.84%
EPS ²	0.3000	0.2800	-0.0900	0.3900	0.4850	0.3500	0.3800	0.3700	0.4400
Dividend per Share ²	-	0.3800	0.3800	0.3800	0.3900	0.4050	0.4050	0.4000	0.4000
Announcement Date	8/9/23	11/8/23	3/6/24	5/8/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	1,786	2,408	2,450	2,497
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	-	4.076 x	4.04 x	3.675 x	3.616 x
Free Cash Flow ¹	-	65.1	161	175	-
ROE (net income / shareholders' equity)	-	2.93%	14%	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share	-	-	-	-	-
Cash Flow per Share ²	-	3.900	3.960	4.930	-
Capex ¹	-	220	232	259	260
Capex / Sales	-	25.85%	19.72%	19.03%	17.59%
Announcement Date	3/31/23	3/6/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Kodiak Gas Services, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

28.59 USD

Average target price

30 USD

Spread / Average Target

+4.93%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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